Freestone Capital Holdings LLC Decreases Stock Holdings in Unilever PLC $UL

Freestone Capital Holdings LLC reduced its holdings in shares of Unilever PLC (NYSE:UL) by 28.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,470 shares of the company’s stock after selling 1,801 shares during the quarter. Freestone Capital Holdings LLC’s holdings in Unilever were worth $273,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Gallacher Capital Management LLC lifted its position in shares of Unilever by 1.9% during the second quarter. Gallacher Capital Management LLC now owns 8,700 shares of the company’s stock worth $532,000 after purchasing an additional 165 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Unilever by 0.8% during the first quarter. SBI Securities Co. Ltd. now owns 21,492 shares of the company’s stock worth $1,280,000 after purchasing an additional 172 shares in the last quarter. Ascent Group LLC lifted its position in shares of Unilever by 2.3% during the second quarter. Ascent Group LLC now owns 8,457 shares of the company’s stock worth $517,000 after purchasing an additional 187 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Unilever by 2.7% during the second quarter. Rehmann Capital Advisory Group now owns 7,314 shares of the company’s stock worth $447,000 after purchasing an additional 194 shares in the last quarter. Finally, Kestra Private Wealth Services LLC lifted its position in shares of Unilever by 1.0% during the first quarter. Kestra Private Wealth Services LLC now owns 19,852 shares of the company’s stock worth $1,182,000 after purchasing an additional 195 shares in the last quarter. 9.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Unilever in a report on Wednesday, October 8th. Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Finally, CICC Research started coverage on shares of Unilever in a report on Thursday, August 21st. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

Unilever Stock Up 0.2%

UL opened at $60.79 on Wednesday. The firm’s fifty day moving average price is $61.44 and its 200 day moving average price is $61.79. Unilever PLC has a 12-month low of $54.32 and a 12-month high of $65.66.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.